Gene Fama: When’s the Right Time for Active Investing? Never
The Nobel laureate remains a true believer in efficient markets and passive investing and blasts behavioral economists who "dredge for anomalies."
What It Takes for a Rookie Advisor to Survive, Part 2
More in Bill Good's series on how a rookie advisor can make it, from cold calling insights to prospect management.
How to Frame Annuities More Attractively
New research points to ways of increasing annuities' appeal.
The Retirement Market’s ‘F’ Word
Advisors who are new to retirement plan services may never have been subject to rules mandating fiduciary responsibilities, but ignorance is no excuse.
Want to Win the Investing Game? Bet on the Losers
If stocks are mispriced and it is possible to determine, generally, which ones are underpriced, why don’t more investors try to take advantage of this?
What’s an Advisor’s Value?
A recent survey conducted by Fidelity Investments found that only 57% of clients felt their advisor provided value during “recent market conditions.”
When Bad Things Happen to Good Portfolios—and What to Do About It
Is there a better way? Can the divide between Eugene Fama and Richard Thaler be bridged?
Behavioral Economist Thaler Warns of ‘Hindsight Bias’: IMCA Conference
If so many advisors saw 2008 coming, why hadn’t more investors avoided the aftermath?
Benartzi on Retirement Income Challenge: ‘Airplanes Without Landing Gear’
Professor Shlomo Benartzi's new book laments inability to ‘land’ retirement plans with income streams.
The Annuity Puzzle
Since at least 1965 and the seminal research of Menachem Yaari, economists have recognized that retirees should convert far more of their assets into an income annuity at retirement than they do